Forex
globalreutersMarch 14, 20241 Mins read
Forexlive Americas FX news wrap: US dollar climbs despite soft retail sales
globalreutersMarch 14, 20241 Mins read - US February retail sales +0.6% vs +0.8% expected
- US February PPI +1.6% y/y vs +1.1% expected
- US initial jobless claims 209K vs 218K estimate
- Canada manufacturing sales for January 0.2% versus 0.4% estimate
- BOJ arranging to end negative interest rate policy next week – report
- ECB’s De Guindos: In June we will have sufficient info to take decision on rates
- Atlanta Fed Q1 GDPNow +2.3% vs +2.5% prior
- Earthquake reported in Japan, government shares warning for Fukushima
- US January business inventories 0.0% vs +0.2% expected
- ECB’s Knot: Expects ECB cuts in June, then most likely in Sept and Dec
Markets:
- Gold down $11 to $2162
- WTI crude oil up $1.40 to $81.11 — highs of the year
- S&P 500 down 0.3%
- US 10-year yields up 9.8 bps to 4.29%
- USD leads, AUD lags
More to come.
This article was written by Adam Button at www.forexlive.com.
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